Pasco, Washington Business Gets SBA-Guaranteed Funding from Americanwest Bank
Americanwest Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Washington entrepreneur was able to get a loan to take a small business to the next level.
This business knew how to go about getting a business bank loan. Based in Pasco, Washington, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Americanwest Bank, based in Pasco, Washington.
SBA Loan Borrower
COMPANY TYPE: WINERIES
PASCO, WA 99301
SBA Loan Lender
AMERICANWEST BANK
3945 W COURT ST
PASCO, WA 99301
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312130 - Wineries
Loan Approval Date
4/4/2003
Loan Approval Gross Amount
$102,500
Loan Approval from the SBA
Of the total $102,500 loan amount, the SBA guaranteed $87,125.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 122 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Pasco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
Where to Get an SBA Loan in Pasco, Washington
SBA Lenders in Washington